Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary - 2024

Contents:

1. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary (CIF) - 2022
2. Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary (FOB) - 2022
3. Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary
4. Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary (CIF) - 2022

In 2022, the average import price for copper; copper-zinc base alloys (brass) unwroughts amounted to $4,800 per ton, declining by -22.9% against the previous year. In general, the import price showed a noticeable setback. The most prominent rate of growth was recorded in 2021 when the average import price increased by 22%. As a result, import price reached the peak level of $6,227 per ton, and then fell rapidly in the following year.

Prices varied noticeably by country of origin: amid the top importers, the country with the highest price was Austria ($9,819 per ton), while the price for Germany ($4,026 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by Turkey (+7.1%), while the prices for the other major suppliers experienced more modest paces of growth.

Price for Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary (FOB) - 2022

The average export price for copper; copper-zinc base alloys (brass) unwroughts stood at $19,194 per ton in 2022, jumping by 23% against the previous year. Over the period under review, the export price showed strong growth. The pace of growth was the most pronounced in 2018 an increase of 135%. Over the period under review, the average export prices reached the maximum in 2022 and is expected to retain growth in the immediate term.

There were significant differences in the average prices for the major overseas markets. In 2022, amid the top suppliers, the country with the highest price was Poland ($118,101 per ton), while the average price for exports to China ($7,401 per ton) was amongst the lowest.

From 2012 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Poland (+147.0%), while the prices for the other major destinations experienced more modest paces of growth.

Imports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary

Imports of copper; copper-zinc base alloys (brass) unwroughts into Hungary skyrocketed to 1.3K tons in 2022, growing by 46% compared with 2021. In general, imports, however, showed a abrupt setback.

In value terms, imports of copper; copper-zinc base alloys (brass) unwroughts expanded significantly to $6.4M in 2022. Over the period under review, imports, however, recorded a abrupt downturn. The growth pace was the most rapid in 2021 when imports increased by 31%.

Top Suppliers of Copper; Copper-Zinc Base Alloys (Brass) Unwrought to Hungary in 2022:

1. Germany (602.1 tons)
2. Spain (309.8 tons)
3. France (249.5 tons)
4. Turkey (121.2 tons)
5. Italy (26.5 tons)
6. United Kingdom (0.1 tons)

Exports of Copper; Copper-Zinc Base Alloys (Brass) Unwrought in Hungary

In 2022, shipments abroad of copper; copper-zinc base alloys (brass) unwroughts increased by 312% to 50 tons for the first time since 2019, thus ending a two-year declining trend. Over the period under review, exports, however, faced a dramatic decline.

In value terms, exports of copper; copper-zinc base alloys (brass) unwroughts surged to $962K in 2022. In general, exports, however, continue to indicate a abrupt shrinkage.

Top Export Markets for Copper; Copper-Zinc Base Alloys (Brass) Unwrought from Hungary in 2022:

1. China (28.3 tons)
2. Germany (21.4 tons)
3. United Kingdom (0.3 tons)
4. Poland (0.1 tons)

Source: IndexBox Market Intelligence Platform